Over 3.2m DPS opened thru bKash app in 3 years

Customers of bKash have opened over 3.2 million deposit pension schemes (DPS) with four commercial banks and a non-bank financial institution—IDLC Finance, Mutual Trust Bank, Dhaka Bank, City Bank and BRAC Bank—through the mobile financial service (MFS) provider’s app in a span of just three yea
3 December 2024, 16:21 PM

International conference on Japan–Bangladesh Research held

The 3rd International Conference on “Japan–Bangladesh Research and Practice (JBRP 2024)” organised by the Network of Bangladeshi Researchers in Japan (NBRJ) was held recently on the virtual platform..The conference brought together approximately 75 researchers, academics, and professionals
3 December 2024, 15:18 PM

Idcol pays govt Tk 50cr dividend

The Infrastructure Development Company (Idcol), a state-owned financial institution in Bangladesh, paid a cash dividend of Tk 50 crore to the government for the financial year of 2023..Md Shahriar Kader Siddiky, secretary to the Economic Relations Division and chairman of Idcol, handed ove
3 December 2024, 15:18 PM

Alliance Finance holds workshop on sustainable finance

Alliance Finance PLC recently organised a workshop on “Sustainable Finance Strategy and Sustainability Plan” for its employees at the company’s head office in the capital’s Gulshan..Morshed Millat, a faculty member of the Bangladesh Institute of Bank Management and former director of the s
3 December 2024, 15:18 PM

Shanta Life Insurance begins its journey

Shanta Life Insurance PLC, a new venture of Shanta Holdings, began its operations yesterday.
2 December 2024, 09:05 AM

ICAB opens new study centre in Mirpur

The Institute of Chartered Accountants of Bangladesh (ICAB) opened an “ICAB New Study and Counselling Centre” at Fahad Plaza on Road 1 in the capital’s Mirpur recently..Mohammed Forkan Uddin, president of the ICAB, inaugurated the centre, the organisation said in a press release..The
1 December 2024, 14:08 PM

bKash users now can send money to Trust Bank accounts

Trust Bank and bKash recently launched fund transfer services that allow customers to instantly send money to their own or other Trust Bank accounts through bKash app..Earlier, bKash users could only add money to their wallets from Trust Bank accounts. .With the launching of the new
28 November 2024, 15:00 PM

Unilever Bangladesh paves the way for a sustainable future

As Bangladesh continues its journey toward sustainable development, adopting green practices and ensuring transparency, Unilever’s efforts demonstrate how business can lead the way in creating a sustainable future while contributing to global sustainable development goals, said British High Comm
28 November 2024, 14:27 PM

LankaBangla Finance signs MoU with Tropical Homes

LankaBangla Finance PLC signed a memorandum of understanding (MoU) with Tropical Homes Limited, a real estate developer in Bangladesh..Khurshed Alam, senior executive vice-president of the non-bank financial institution, and M Hoque Faishal, director of sales, marketing, CRD and CSD of the
27 November 2024, 14:22 PM

AkijBashir Group arranges business conference in Cox’s Bazar

AkijBashir Group recently arranged a six-day business conference, styled “Evolve Beyond 2024”, at Sea Pearl Beach Resort & Spa in Cox’s Bazar..The event brought together over 1,200 business associates from the group’s leading brands -- Akij Ceramics, Aura, Rosa, Akij Board and Akij Door, s
25 November 2024, 14:53 PM

ACI Foods introduces ‘Pure Fortified Rice’

ACI Foods, a subsidiary of ACI Limited, introduced “ACI Pure Fortified Rice”, the first brand of fortified rice in Bangladesh enriched with vitamins and minerals, under its renowned ACI Pure brand..This marks a significant milestone in the company's commitment to providing nutritious food
24 November 2024, 13:44 PM

Electro Mart holds 'Partners’ Conference of Bangladesh'

Electro Mart Group, local representative of Gree Global, yesterday organised the “Partners’ Conference of Bangladesh”..Gree’s partners and channel partners of the country took part in the conference..Kevin Bai, assistant president of Gree Global, and Md Nurun Newaz, chairman of Elect
23 November 2024, 16:08 PM

‘LankaBangla Mastercard Titanium’ launched for medical professionals

LankaBangla Finance PLC, Mastercard and Bangladesh Doctors Foundation (BDF) jointly launched a co-branded “LankaBangla Mastercard Titanium” credit card, exclusively designed for medical professionals..Cardholders will be able to enjoy exclusive benefits, discounts and deals at Mastercard p
23 November 2024, 15:42 PM

bKash receives accolade at ‘Mastercard Excellence Awards’

bKash, the largest mobile financial service (MFS) provider in Bangladesh, recently won an award at the “Mastercard Excellence Awards” in recognition of its exceptional contributions to advancing financial inclusion and fostering a robust digital economy..The MFS provider was awarded by the
21 November 2024, 13:51 PM

Gree Global’s assistant president to visit Bangladesh

Kevin Bai, assistant president of Gree Global, will begin a visit to Bangladesh on November 22..Bai will stay in Bangladesh for four days, accompanied by other delegates from the Gree headquarters in China, according to a press release..Bai will be engaged in different activities and
20 November 2024, 15:49 PM

Minhaz made DSE director

Minhaz Mannan Emon, managing director of BLI Securities, has been elected as a shareholder director of the Dhaka Stock Exchange (DSE) for a three-year term..Emon will be replacing Sharif Anwar Hossain, managing director of Sahidullah Securities, who is retiring from the DSE board in line w
20 November 2024, 15:49 PM

BHBFC inaugurates Islamic finance to rural housing

Bangladesh House Building Finance Corporation (BHBFC) recently launched the second phase of the “Rural and Peri-Urban Housing Finance Project” at the InterContinental Dhaka..The project is expected to be completed by fiscal year 2028-29..Finance Adviser Salehuddin Ahmed inaugurated t
20 November 2024, 15:20 PM

Yamaha celebrates 8 years with ACI Motors

Yamaha, a renowned motorcycle brand of Japan, has completed a successful journey of eight years in Bangladesh with the partnership of ACI Motors, a subsidiary of ACI Group..Yamaha entered Bangladesh's market in 2016, the company said in a press release..By providing customers with ad
17 November 2024, 14:09 PM

IDLC Finance wins gold at SAFA BPA Awards

IDLC Finance PLC recently won a gold award at the South Asian Federation of Accountants (SAFA)..M Jamal Uddin, managing director and chief executive officer of the non-bank financial institution (NBFI), received the award at a function held in Colombo, the capital of Sri Lanka..The N
16 November 2024, 14:43 PM

Pragati Life settles Tk 305cr in claims by Q3

Pragati Life Insurance Limited settled Tk 305.20 crore in claims from the January to September period of the financial year 2024, reflecting an increase of 11.73 percent compared to the same period last year..The life insurer settled a total of 98,266 claims in the first three quarters of
16 November 2024, 14:42 PM